NOT LISTED FOR SALE

Estimated Value: $959,000 - $1,619,000

0.08 Acre
$15,958,338 Price per Acre
3,485 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $750,000 $408 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,272/month

40 Days on Market

About This Lot

As of September 2021

Attention Developers, great investment development opportunity for SEDU apartments or town home development in this prime University District location. MR (M1) zoned lot will allow 6-8 story building if comingled with other adjacent lots. Close proximity to express lane on/off ramp for tenants quick trip downtown. Walking distance to the Brooklyn Avenue NE light rail station opening in October 2021 and the University of Washington Campus. U of W growth plan suggests they will expand over 3,000,000 square feet to the west of campus, putting this site in a great location for a future mid rise construction project. Please just drive by or walk by on the sidewalk. The inside of the house is not safe to enter. Please don't walk on the property.

Last Agent to Sell the Property

Mike Peters

RE/MAX Northwest License #35802 Listed on: 07/02/2021

RE/MAX Northwest

Co-Listed By

Tim Fischer

Windermere West Metro License #40899

Last Buyer's Agent

Wendy Klahr

Kelly Right RE of Seattle LLC License #25327

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1801722

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,407

Lot Details

Community Details

  • University District Community

Listing and Financial Details

  • Assessor Parcel Number 4092301040

Property Details

Property Type

Land

Est. Annual Taxes

$14,407

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved
  • Road On Which Sideof Property: West
  • Water Jurisdiction: City of Seattle

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: University District
  • Project: Lake View Add

Schools

  • School District: SEA

Lot Info

  • Lot Number: 2
  • Easements: 5 foot driveway easement on north side
  • General Zoning Classification: Multi-Family
  • Lot Details: Curbs, Sidewalk
  • Lot Dimensions: 35 x 100
  • Lot Sq Ft: 3500
  • Parcel Number: 4092301040
  • Zoning Jurisdiction: City
  • Zoning Remarks: MR (M1)

Tax Info

  • Tax Amount: 10060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Sep 1, 2021
Sold by
Disney Catherine Mckay and Estate Of Allen K Holmes
Bought by
Triangle Properties Llc
Seller's Agent
Mike Peters
RE/MAX Northwest
Buyer's Agent
Wendy Klahr
Kelly Right RE of Seattle LLC
List Price
$1,150,000
Sold Price
$750,000
Premium/Discount to List
-$400,000
-34.78%
Current Estimated Value
$1,276,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,667
Avg. Annual Appreciation
14.69%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Triangle Properties Llc $750,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $750,000 -6.2% $408 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $799,950 -30.4% $435 / Sq Ft
07/02/2021 07/02/21 For Sale $1,150,000 -- $625 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,407 $1,518,000 $1,517,000 $1,000
2023 $13,436 $1,433,000 $1,432,000 $1,000
2022 $10,955 $1,352,000 $1,351,000 $1,000
2021 $9,976 $1,194,000 $1,193,000 $1,000
2020 $10,060 $1,030,000 $1,029,000 $1,000
2018 $3,171 $319,000 $296,000 $23,000
2017 $2,781 $299,000 $276,000 $23,000
2016 $2,603 $270,000 $247,000 $23,000
2015 $3,536 $247,000 $224,000 $23,000
2014 -- $356,000 $255,000 $101,000
2013 -- $319,000 $218,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1801722

Northwest Multiple Listing Service (NWMLS)

APN: 409230-1040